3, LANDRACE DRIVE, WORSLEY, MANCHESTER, M28 1UY - £423,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 LANDRACE DRIVE is a midsized detached house of 123m², built sometime between 1976 and 1982. It was last sold for £423,000 in July 2022, which was around 2% above the average July 2022 detached price in the Salford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

3 LANDRACE DRIVE Sold Prices

Land registry data shows two sales for 3 LANDRACE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Salford local authority area for the corresponding sale date. Both of the two 3 LANDRACE DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 27 JUL	£423,000	£413,336	2% above HPI
1997 15 AUG	£125,000	£73,190	71% above HPI

3 LANDRACE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Salford local authority area over time, sourced from the HPI. The two 3 LANDRACE DRIVE sales from August 1997 and July 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 1997 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the July 2022 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 LANDRACE DRIVE?

3 LANDRACE DRIVE is 123m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of detached houses in Worsley, based on EPC data. The below chart shows the distribution of detached houses by size in Worsley, and where 3 LANDRACE DRIVE lies on this distribution: 45% of detached houses are smaller than 3 LANDRACE DRIVE, and 54% of houses are larger. Note that EPC data is not available for all properties in Worsley.

3 LANDRACE DRIVE: Plot and Title Map

3 LANDRACE DRIVE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 3 LANDRACE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 LANDRACE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 LANDRACE DRIVE?

3 LANDRACE DRIVE is located in WORSLEY, in the M28 postcode district. The below map shows the position of No. 3 on LANDRACE DRIVE.